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Distressed investing experts say crisis in oil patch is mounting, but could present opportunities

Distressed investing experts say crisis in oil patch is mounting, but could present opportunities

The mounting troubles for oil and gas companies is about to get much worse, but it could be a buying opportunity for debt investors.

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Iran faces its most critical moment since the 1979 Revolution

Iran faces its most critical moment since the 1979 Revolution

It's unclear whether Iran will respond to this historic test, which includes Trump's maximum pressure, with more military escalation, diplomatic compromise – or a combination of both.

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Iran supreme leader warns ‘thugs’ amid gas price protests

Iran supreme leader warns ‘thugs’ amid gas price protests

Iran's supreme leader on Sunday backed the government's decision to raise gasoline prices.

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Saudi Aramco IPO set to value company up to $1.7 trillion

Saudi Aramco IPO set to value company up to $1.7 trillion

Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion.

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Rival budget airline Norwegian ‘is doomed,’ Ryanair boss Michael O’Leary claims

Rival budget airline Norwegian ‘is doomed,’ Ryanair boss Michael O’Leary claims

Michael O'Leary told CNBC Monday that the rival budget European airline Norwegian was saddled "with enormous debts."

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Iranian officials say two rockets struck an Iranian tanker off the coast of Saudi Arabia

Iranian officials say two rockets struck an Iranian tanker off the coast of Saudi Arabia

Two rockets struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened...

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Iran’s oil minister dismisses tensions over Aramco attack; says Saudi energy minister is a ‘friend’

Iran’s oil minister dismisses tensions over Aramco attack; says Saudi energy minister is a ‘friend’

Geopolitical tensions between Iran and Saudi Arabia are high but Iran's oil minister insisted he has a good rapport with his Saudi counterpart.

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Saudis are exporting less crude to the world market, shipping data shows

Saudis are exporting less crude to the world market, shipping data shows

Saudi Arabia's oil exports are down by about as much as an average 1.5 million barrels a day since its state run oil company was attacked Sept. 14.

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Iran’s oil attack presents most critical test yet for Trump’s foreign policy

Iran’s oil attack presents most critical test yet for Trump’s foreign policy

Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy, writes Fred...

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Blackstone: Even a ‘smaller’ US-China deal could be good for business confidence

Blackstone: Even a ‘smaller’ US-China deal could be good for business confidence

Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help lift sentiment.

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